FTR’s Trucking Conditions Index slipped into negative territory again for September when it hit its lowest point since May, reflecting a relatively weak environment for carriers.
Freight transportation analysis firm FTR is reporting that the truck freight environment was mediocre in August and was likely to stay that way through 2020.
For the first time, driver compensation and detention/delay at customer facilities appeared on the American Transportation Research Institute’s annual Top 10 list of the Top Industry issues.
August data from ACT Research's For-Hire Trucking Index show a pull back from July’s surprising and anomalous surge and a forecast for continued negative conditions until 2020.
The financial indicator that tracks the volume of commercial equipment financed in the U.S is showing that the economy is continuing to see sustained moderate growth in many business sectors.
The difference between last year’s high spot rates and this year’s average has dropped — but this year’s seasonal decline was less.
Nobody wants a recession. That said, the time to prepare your business for the possibility of a recession is now.
Economic activity drives the freight market, but paying attention only to indicators of the economy’s overall health doesn’t tell the whole story of what may be ahead for trucking.
Long-haul trucking was a key force in the great American economic boom after World War II. And it's still an important advantage for the U.S. in today's competitive global economy.
FTR’s revised Trucking Conditions Index showed significant improvement for the month of June thanks to strengthening freight demand and lower fuel prices, but other factors are likely to keep things subdued through the rest of the year.